Year: 2019

(Bloomberg) — Boeing Co.’s unmanned CST-100 Starliner spacecraft failed to reach the International Space Station on its debut flight, dealing a new blow to the crisis-ridden aerospace giant and heaping uncertainty on NASA’s plan to ferry U.S. astronauts on American-made spacecraft.About 50 minutes after liftoff Friday, the Starliner was reported out of position to begin its orbital insertion burn, the last boost into an orbit so it could dock at the space station.Because of that anomaly, “the spacecraft burned more fuel than anticipated to maintain precise control. This precluded @Space_Station rendezvous,” Jim Bridenstine, head of the the National Aeronautics and …read more […]

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to… …read more […]

U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the moderate pace of expansion as the year ended, supported by a strong labor market. Despite the unrevised reading, which was in line with economists’ expectations, consumer spending was stronger than previously reported. There were also upgrades to business spending on nonresidential structures such as power infrastructure, which limited the drop in overall business investment. …read more […]

At least eight brokerages boosted their price target on the Dow-component’s stock on Friday, with Deutsche Bank making the most bullish move by raising it to $120, above Nike’s current share price of about $100. “Given Nike’s significant scale and IT spend advantage, coupled with its early lead in digital, we remain very bullish on the company’s ability to continue to maintain its momentum in digital,” said Evercore ISI analyst Omar Saad. In efforts to win market share from rivals, Nike has collaborated with celebrities, launched limited edition sneakers, spent on technology and increased marketing around major sporting …read more […]

It was perhaps the starkest divide between the frontrunners at Thursday’s debate. The candidates who attend private fundraisers and those that reject them. …read more […]

HEICO Corporation (NYSE:HEI) shares fell 6.3% to US$116 in the week since its latest annual results. It was a credible… …read more […]

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of… …read more […]

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We’ll apply a basic P/E… …read more […]